204 Cold Spring CtPalatineIL60067
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Palatine at 204 Cold Spring Ct, Palatine, IL, 60067 priced at $350,000 pairs $2,220/mo rent with after a $1,713/mo payment. Total monthly income equals $2,220/mo. Return on cash invested is 17.76% in year one, and rental yield stands at 7.61% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 92.33% and total cumulative return in cash reaches $107,126. For financing, Ziffy Mortgage’s DSCR program evaluates $2,220/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60067, Palatine, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,806 (100%) |
| Owner Occupied HU | 12,221 (72.7%) |
| Renter Occupied HU | 3,604 (21.4%) |
| Vacant Housing Units | 981 ( 5.8%) |
| Median Home Value | $436,194 |
| Average Home Value | $473,977 |
Housing Distribution
Address Breakdown
Residential
16,762
Single Family
12,515
Multi-Family
4,247
Businesses
1,109
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